J&J Fined $1 Billion over Risperdal
Attorney Mark Lanier on the upcoming case against the pharmaceutical giant.
- Duration 7:48
- Date Apr 12, 2012
Attorney Mark Lanier on the upcoming case against the pharmaceutical giant.
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Fine one billion dollars over its drug risk for doll the feds say J&J -- that the risks of the -- There already pending civil lawsuits over this drug and that will be -- joining us now is finally Hamas when.
But not welcome the front it was good to see you it's always good to be here you know -- poll -- that and really related don't thick.
A billion dollars share one point two billion moment that lets us 1000000200.
Million dollars that the government gets back and seems like and just.
I -- Arkansas just the state of Arkansas.
That's just the state of Arkansas Arkansas had that case.
Several other states have cases as well the federal government's now up to there any -- requesting one point eight billion.
That amount may increase.
Still what a second walk Johnson & Johnson is accused of doing is recommending this drug -- -- doll.
Followed for illnesses which it could not treat -- marketing our guest consent right still seems like an awful lot of money.
Why is it seems like an awful lot of money and we're glad you realize how much money they were making up the drug will what is that was any -- -- Absolutely -- always harm somebody you become a negative -- don't know what their market -- -- along the harmless this Arkansas paid over one point.
However many billion dollars for this drug when he cheaper generic alternative that work just as well was available.
So in -- -- all the taxpayers hits its Medicaid money it's our money -- I'm a little biased here because respond to all save my son's life so.
I'm not my question is a lot of times when you're dealing with your children you don't -- to go to -- generic unless.
You absolutely have to do we stayed with whispered all because it literally saved his life and that's fantastic and I'm glad it did in the generic would have done just as well -- there are countless side other not taken that request at I understand you may not want to take that risk because you know in the money not to -- -- state money when he state money Medicaid money.
The company should not be able to lie about what -- drug elicit yes that's highly pejorative but let's get back to the amount of but that's what the jury finding -- it to the jury three hours to decide that the company had flat.
Lied about ended June lawyers would -- again -- the jewelry.
You talk a little talk -- -- -- Johnson & Johnson have the highest I lawyers in the quarter direct hit.
And I I think this is a lousy system OK I don't think this is a very good judicial system to deal with the drug industry in the medical industry parents had -- What happens if all the states now suit for billions and billions and billions of dollars Johnson and Johnson's bill could into the model in Canada Johnson Johnson will be forced to withdraw at risk but -- is that how you that's it -- -- a.
-- don't know if no absolutely not I'm just elevators -- but aren't they we'll sell it even more they're making so much more money than they're having to pay in five.
That's -- drugs is so expensive.
-- oh heavens know it's not expensive it go to Canada to -- the reason it's expensive.
Because the reason it's expensive is because we've got an insurance payment system that won't pay for.
And Medicaid is paying for this drug no it shouldn't.
The drug companies have to build in this kind of outrageous lawsuit art Stewart asked me this -- stance on anybody's guess at the matrimony is it -- them for drug company to lie about it struck.
Are you okay if they lied about the drug so that they can make an extra twenty billion dollars -- little -- there -- lying and that is lying I do we don't know the circumstances under this particular drug.
It is alleged that Johnson & Johnson mock candidates to come illnesses which it could not -- -- which a generic would come up just as well.
That's not a line mock and you'll be juries are down by -- -- line know the jury.
Found fraud this is this -- -- we have pejorative when we say that a convicted murderer is a murderer you know look at the jury.
Found -- to be true as noted in in America no no no no no and this is the question do we want to allow drug companies and was someone had to make hey did you hear Johnson & Johnson got in trouble for line two to the public about the drug.
And my response -- in Charles Manson got denied -- with their news in that I mean this has happened to every pharmaceutical company.
There -- habitually lying about their drugs to make money we got to stop the you know now.
We've got you know I don't think that this will force this drug off the market absolutely not an -- and I'm so glad -- they've done son's life don't get me wrong but but I'm happy thing like count out along -- but.
And take drugs off the market that arguably have real benefits -- costing people I -- you should understand that -- -- you are absolutely no I -- you really -- problem and I did edited Democrat dot I would sit down with you as a Republican and I will introduce you to a woman who's lost her husband.
Because the drug company lied about it struck he's taking an arthritis drug for him pain and it gives them a heart attack.
The FDA says a 110 Q how real is actually already tack are really -- and -- I can't -- lose drugs they need.
Because of your skills as an advocate never be as -- -- economic bottom all that I have ever said Doug is that the drug company needs to -- the truth I've never said take the drug off the market.
I -- that's what crap about there are no it's not only drug off the market Vioxx did this is not all the -- and -- probably should be back on.
-- who food -- -- risk but dull hum I gotta present -- to risk but off Richard -- can anybody.
I don't know of anybody that it's killed one way or the other I do know that it's caused a lot of excess of diabetes cases of diabetes and diabetes is one of the leading killers of America -- -- that he thought it -- causes -- home in that it was financial home that you're alleging as oppose a non not physical harm to patients Bruce Pardo also causes diabetes.
And and that's clear now can I say.
I know the people where there is a -- about risk of diabetes is really reveal statistically trivial it's not -- of people get Blockbuster I didn't expect.
It -- if instead you're sitting here telling me mark.
My son got diabetes because he took this drug I don't think it would generate millions your kids whose lives.
Like my senator have been saved virus but -- there are millions of kids who are schizophrenic and who -- some other issues as well -- risk parole.
May be a very good valid treatment and I'm.
I'm not saying it should be available.
I'm saying the company should not lie about it they should just be up front and say here's what it is this the trust on the -- body -- It depends how you is if you don't hurry and I did they used to do you weren't funny truth -- also absolutely well just if I where else are absolutely -- As a pejorative I take offense at that because all I'm sorry this is all I'm saying should let the medical information out there.
If that's offensive truth you you've got to re examine yourself but you're exactly is that.
Any -- that's ever been placed on the market in the last 25 years which is not been the subject of a lawsuit without a lawyer alleging lies at them.
I'm sure I'm sure -- countless drugs get out here long not -- seasonal -- one on every lawyer and no I think that's -- -- -- a number of any basis that this is why on different products such an expensive drug regiment in the United States of America the reason witness Stuart is legal system is the reason why it's a rotten system.
The dealing with this kind of problem in -- medical since.
And we ought to change the system the problem areas are you you don't have -- mark -- absolutely there are two kinds of -- abuse.
There's one where people want a lottery ticket when someone's done nothing wrong.
And there's one -- corporate America lawyers and -- responsibility.
And instead of paying it they push people through the legal system -- faces -- me.
Both of those report abuse and both of -- need to be fixed.
Well you always set the house on fire and look at.
We're gonna sue you -- Well bought it and let it I -- -- I would just add this.
My wife sent home today taking care of all of our children and I appreciate her hard work -- -- life.
We can agree on that one tainting the jury pool he's hosted every topic pet market everybody thank you very much of it is just again -- very much -- I've directed by Doug.